They don't cross the line until they announce they are first buying SPY, and then that they are buying the common of any S&P 500 stock tat is down by more than 2% on any given day.
Profit taking by those that bought the dip. We'll get a bounce here in a bit. Edit........That 3070 should be noted. That was a big inflection near term here.
You mean you expect more red Vanzandt? We got rejected quit strong around that level though. I did not expect this at all after such a strong move up. I am clueless and on the sidelines now. Best guess is we are back in that 3080-3110 range.